I bought three properties in Thailand this year and when I hit 100k this year in savings it's going to Cardone Capital. I'm working a ton of overtime to get the money. Grinding Uncle G.
@@adreyannnn5557 honestly I lived really frugal. I worked a ton of overtime and saved as much as I could. I saved 100k and then bought it. Set yourself a savings goal and do everything you can to get there. Once you have the money turn it into something that will generate a second source of passive income.
So what happens when you want to pull out? Is your money available to cash out? Are there penalties for closing the accounts? Is there lock-in time frame to invest?
If i got 20k to invest how many years would it take to get that back? I like the idea and have ben following grant cardone for 2 years now and I’m thinking about joining cardone capital
Answering your question, I would invest my cash flow in something like CARDONE U and other courses to teach me sales and increase my knowledge on business.
Question Grant I invest $5000 one month Then I invest another $5000 two months later. Does that mean I earn separate $5000 checks or one $10,000 check a month? If I made $35 dollars that would be awesome, not sure what that guy is thinking... $420 dollars a year is $420 more then I had last year.
Ok this is the best explanation of Cardone Cap I've heard so far. So, if *you get $35 a month back on $5k, then it's probably best to go in with at least $50k to get a $350 payout*. What I don't know is, is that a good deal?
Hmmm a good deal, if the bank gives me $5.00 per year on that $5k savings but Cardone Capital sends me a check every month for $35.00 for that same dollar amount investment I'm going with Cardone Capital. Unless unless you can find another financial vehicle that can pay you more per month for that same $5k investment. As for other financial vehicles that are reachable by us mere folks, I think you would have to use Uncle G's biz model. Continue to challenge yourself and be grateful for your riches. ( Define Riches )
@@aberodriguez4149 right the fund is really for the middle.class which accepts up to 1 million dollars. The real wealthy people will find this liMit limited !
As GC explained, he's doing all the work, so he's going to be paid for it. You could do better on your own, but you may need to invest time and money getting educated. It's a long-term, illiquid investment. If you can afford to have the money tied up, as in you consider it part of your retirement fund, it sounds pretty good. I'd prefer this to a buy and hold deal in the stock market.
Sounds really good! Having learned OPM and being acquainted with successful real estate investors, I know your stuff is real. Looking forward to generating passive income!
Megumi Suzuki hello there Iam also an realestate investor always looking to network with successful people and learn you mentioned you have good understanding with opm love to network with you and learn from you ,
Hi guys I really want to pursue a real estate career and invest in commercial property especially apartment buildings. I’m going to create an investment firm in the future and create funds where I get investors to invest with me. If I want to start investing by myself before I get investors do I create a fund (LLP) and become the sole limited partner and GP (LLC) till I build a track record and then pitch to investors. Where can I learn real estate? Should I do a real estate exam and get a licence? Is a license necessary? Where can I learn private equity real estate?
Buying things never brought me happiness (or maybe for a few minutes), so I'd reinvest 90% of the gain the other 10% I'd give it away to random charities; funnel it back into the Universe, Mr. Cardone. BTW What is the % of ROI on this particular deal, sir?
If you gave me a few checks that were a couple of thousand dollars I would, in fact, purchase property. But it would be heavily wooded and I would also invest in crops and livestock. And, depending on where it would be located, I would lease a bit of that property to a utility company and/or local farmers.
I am 23 just graduated and already made 400usd from crypto and it was my very first money made from online and i would love to invest in the real estate. Business and i am trying my best to get my first 1k and or even 5k to headstart my journey
Grant, so if I invest in your deal I’m getting a. .06% return on my $$ per year? Is that correct? Man I would have to invest $900 mil to make what Ryan makes, $4500/month...right?
I love u grant. U r so so brave honest people on what ever it is, u r my mentor n i will invest with u soon when i got the enough money because you are dollar gonna take time n i trust u n do what ever it takes.
I would take 40-55% of it and buy some stock/shares. As for the rest....I don’t know what I’d do with it. Maybe I’ll actually spend that, on dumb stuff.
@GrantCardone, With all that money GC, start a bank. Not your typical bank though. A bank with an Islamic banking model, it's way more secure and not dependent on the general financial market because of how it works. True Islamic banking doesn't take interest on the debt(highly unethical in the eyes of God). Islamic banks basically buy the property a client is interested in and sells it to the client for a profit when the client agrees to this amount of loan, he/she pays rent(rent to own) to the bank to buy the shares of this property for a tenure. This differs from conventional banks because it's asset-backed. It's real. The risk is shared between the bank and the client but we all know what real estate can do. At the end of the day, it's not much of a risk if the client fails to pay because the bank still has the asset. Basically, a bank that's based on risk-sharing principle.
Why do you need other people to invest with you???? You have your own money! Why do you need to share your income with anybody? Explain me, please, someone, I don't get it,
It's another income stream for him. Out of the invested money, he gets 35% of the upside. Ex. - You invest $1MM and the property is sold in 6 years at a 100% profit. You get your principal returned plus 65%, or $1.65MM, CC keeps $350,000. That's on 1 million, now multiply it by 180. . .
L E I take it that you are not car enthusiast ? Oh yes they do, some for significantly more than when new. That is not a mercedes from which hundreds of thousands were produced. Those cars are rare and limited and people are willing to pay more to have them. It is a problem that car brands have - people buy the cars just as investment and resell them. Its the same with the watch.
L E You cannot just walk into the dealer and buy it, as I said those are limited cars and they choose to who to sell them. So if you do not want to wait, you buy a used one for same or higher price.